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for new jobs, new opportunities and new security for the middle class. right now, our economy is growing. and our businesses are creating new jobs. so, we are poised for a good year. if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. as i said on the campaign, one component to growing our economy and broadening opportunities for the middle class is shrinking deficits in a balanced and responsible way. and for nearly two years now, i have been fighting for such a plan. one that would reduce our deficits by $4 trillion over the next decades. which would stabilize our debt and deficit in a sustainable way for the next decade. that would be enough not only to stop the growth of our debt relative to the size of our economy but it would make it manageable so that it does not crowd out the investments we need to make in people, education, job training, science, medical research. step by step, we made progress towards that goal. over the past two years, i have signed into law about $1.4 trillion in spending cuts. two w
, versus ten four years ago. all after an expensive campaign, a tough economy and four years. >> just the moment that that was for the country, the first african-american president. and it was new for everyone. but you know what? there still is a level of excitement despite the numbers. >> as we move down pennsylvania avenue. >> reporter: already fortress d.c. is taking shape, a lockdown, as the president talks to historians about hitting the right tones in what will be his last inaugural address. despite the fact this is going to be a much smaller affair, it's going to be a lot of excitement, as anita mcbride said. the number of people, nearly double who came to the second inaugural for president bush and president clinton. >> still, that remarkable drop-off from the last time. david kerley, thank you very much. stay warm. >>> and our special coverage of the inauguration starts tomorrow on "gma." and abc news live coverage of the ceremony on monday, starts at 7:00 eastern, with george stephanopoulos and josh elliott co-anchoring. >> busy monday morning. >>> we're going to switch gear
different causes. it could economy kairt boeing's attempts to return the dreamliner to the air as investigators widen their search for a root cause. >>> now, the 787s were grounded before any accidents occurred but the recent fires had led some aviation experts to call for changes at the faa, questioning if the way the agency currently approves planes is keeping up with fast-moving technology, ron. >> okay, mark, thanks very much for that report on the continuing woes of the 787 dreamliner. >>> five were injured in three separate accidental shootings at gun shows on saturday. people were forced to run for cover after two bystanders were hurt at a show in north carolina when a shotgun discharged as its owner took the gun out of the case. the other incidents were in ohio and indiana. none of the injuries is life-threatening though. >>> new details this morning about that u.s. navy ship that ran aground on a coral reef in the philippines. the navy says the "uss guardian minesweeper" was using a faulty map that had the reef in the wrong spot. all 79 officers and crew have now left
. >> they will not collect a ransom in exchange for not crashing the economy. >> we talk to white house strategist david plouffe and our powerhouse roundtable, abc's george will, matthew dowd and cokie roberts plus former michigan governor, jennifer granholm, for the democrats and former presidential candidate rick santorum for the republicans. ♪ plus, how will the inaugural set the tone for the second term? we ask the star co-chairing the president's committee. eva longoria joins us live.
the full impact. >>> and a troubling sign for the economy and the financial security for millions of americans. a new report showing that more than one-quarter of american workers are dipping into their 401(k) plans to pay their bills. a major increase from just a few years ago. among workers in their 40s, in fact, that number is even higher. it stands at roughly one in three. >>> and a scare for tennis star serena williams, this morning, chasing a ball in the first set of the australian open here. she actually will fall and stay down for several minutes. but after getting her ankle taped, she was able to bounce back and easily win a first-round match. >>> now, a heartwarming end to what we saw at the top of the show. a frightening scene. fans rushing the court after north carolina state pulled a big win over duke. we are going to zoom in, however. you see there, a young fan in a wheelchair at the front of the crowd. actually recording everything from his perspective. you can see him eventually pushed to the floor. he gets lost in this stampede. obviously, a terrifying moment. he'
of his involvement in doping. >>> turning, now, to the economy, a milestone in the housing recoveries. new figures show home foreclosures dropping 17% to a six-year low last month. and construction of new homes hit a nearly five-year high. >>> people with egg allergies will soon be able to get a flu shot. the fda has approved an egg-free vaccine that will be available soon, but only for people 18 to 49 years old. a new study confirms the regular flu shot is indeed safe for pregnant women and their unborn children. >>> and a remarkable story, now, from that helicopter crash in central london just yesterday. the helicopter clipped a construction crane, burst into flames, killing two people, injuring more than a dozen in the process. but the two crane workers survived. why? because they both overslept for the first time in years and were late getting to work. >>> and finally, something of a controversy at subway. a growing movement, now, online has people getting out their measuring tapes showing that the sandwich chain's famous foot-long sub actually falls one inch short. >> oh, no. >>
Search Results 0 to 8 of about 9 (some duplicates have been removed)